[ad_1]
this Nigeria and Equatorial Guinea The signing of an agreement to build a natural gas pipeline connecting the two countries is a decisive step in energy cooperation. The agreement, which officially came into force on Friday, August 16, is part of the initiative Gas Mega Hub (GMH) An ambitious project in Equatorial Guinea aimed at strengthening the region’s energy capabilities.
The strategic partnership was announced during an official visit of Nigerian President Bola Tinubu to Equatorial Guinea. The gas pipeline project connecting the two countries will maximize the development of natural gas resources by optimizing existing infrastructure, especially gas complexes. Punta Europa is located on the island of Bioko.
The complex includes a production plant Liquefied petroleum gas (LPG), Installation Methanol production, and a Natural gas liquefaction plantThanks to this new gas pipeline, Equatorial Guinea hopes to diversify the sources of supply for its liquefied natural gas plants and thus strengthen its position in the international energy market.
“By working with Nigeria, we are strengthening not only bilateral but also regional cooperation to ensure a secure and reliable supply of gas to our LNG facility in Punta Europa for years to come” said Mr. Antonio Obru Ondo, Minister of Mines and Hydrocarbons of Equatorial Guinea.
For Nigeria, this partnership opens up Important economic and strategic prospectsThe gas pipeline project can also play a vital role in the region’s energy security by facilitating the transportation of natural gas, by strengthening relations with its neighbors and supporting its ambition to strengthen its position as a major player in Africa’s energy sector. West Africa.
The realization of this project is expected to strengthen cooperation between the two countries while contributing to the economic and energy development of the region. The technical and financial details of the gas pipeline should be clarified in the coming months as the two countries work closely together to complete this major project.
[ad_2]
Source link
